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Balyejusa Ttikkalu Farmers Group
In this Group: Andrew, Rebecca, Theo, Jane, Teddy, Faith
Andrew, 43 years old, has been engaged in a pig sales business for the past eight years in Kampala. Andrew, who is happily married with four kids and is also a teacher, says he started this business with savings from his agro sales business. Pork is a delicacy liked by many people in and around Kampala. As a result, Andrew has many buyers for his pigs. Andrew says he has been able to consolidate on his profit base with sales from this business. The business generates 100,000 shillings profit monthly. Andrew says he will use this loan to purchase more pigs to resell.

Additional Information

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Uganda

  • $1,500
    Average annual income
  • 347
    View loans »
    Uganda Loans Fundraising
  • $30,339,150
    Funds lent in using Kiva
  • 2,375.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Balyejusa Ttikkalu Farmers Group's $1,025 loan helped a member to buy more pigs to resell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 4, 2011
Listed
May 19, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 16, 2011